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8323 Vista Del Rio Avenue

Downey, CA 90240
  • $1,800,000
  • STATUS: Active Under Contract
  • ON SITE: 163 days
  • ID#: PW21020262
Under Contract
UPDATED: 81 min ago
$1,800,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,902
    SQFT
  • $461
    $/SQFT

School Ratings & Info

Description

Expansive lot over 25,000 sq ft consisting of two separate homes and a duplex. Buildings are spaced as if they are on separate lots, and all have their own private yard space. The front house is a 2 bed, 1.5 bath, with a 2 car garage, laundry, and a gated backyard with a pool. A long driveway leads to the 2nd house which is tucked away from the street front. This is a 2 bed, 1 bath with a 2 car garage, backyard and laundry. The duplex is hidden away barely visible from the street, private and secluded. The duplex is made up of a 2 bed, 1 bath with 2 car garage, and a sizeable backyard, and a quaint 1 bed, 1 bath with front courtyard and 2 car covered carport. Newer roof on all buildings. Many large single family residences built on smaller lots in the area. Rarely do lots this size come to market. Unique opportunity to unleash this property's potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T21:27:47.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
www.twissrealty.com/homes/114100004
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8323 Vista Del Rio Avenue Downey, CA 90240

  • Price: $1,800,000
  • Status: Active Under Contract
  • Updated: 81 min ago
  • ID#: PW21020262
0
Beds
0
Baths
0
½ Baths
0.58
Acres
3,902
SQFT
$461
$/SQFT
1947
Built
Neighborhood:
D1 - Northeast Downey, N of Firestone, E of Downey
County:
Los Angeles
Area:
D1 - Northeast Downey, N of Firestone, E of Downey
Property Description
Expansive lot over 25,000 sq ft consisting of two separate homes and a duplex. Buildings are spaced as if they are on separate lots, and all have their own private yard space. The front house is a 2 bed, 1.5 bath, with a 2 car garage, laundry, and a gated backyard with a pool. A long driveway leads to the 2nd house which is tucked away from the street front. This is a 2 bed, 1 bath with a 2 car garage, backyard and laundry. The duplex is hidden away barely visible from the street, private and secluded. The duplex is made up of a 2 bed, 1 bath with 2 car garage, and a sizeable backyard, and a quaint 1 bed, 1 bath with front courtyard and 2 car covered carport. Newer roof on all buildings. Many large single family residences built on smaller lots in the area. Rarely do lots this size come to market. Unique opportunity to unleash this property's potential.
Exterior Features

Carport Spaces 2 Carport YN Yes Lot Features Irregular LotSprinkler System Number Of Separate Electric Meters 4 Parking Features ConcreteDetached CarportGaragePaved Parking Total 8 Pool Features Private Pool Private YN Yes Property Attached YN No Roof Composition View Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Cap Rate 3 Common Interest None Community Features Suburban Contingency Write Offers Subject To inspection. Buyer To Cooperate With Seller's 1031 Exchange. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 85368 Insurance Expense 2000 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 50768 New Construction YN No New Taxes Expense 22500 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 34600 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 7315 Trash Expense 2800 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 3900 Water Source Public

Listing provided courtesy of Wayne Ishimine of Keller Williams Pacific Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T21:27:47.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
 
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